Under the proposal for the Foxtel and Fox Sports merger, News Corp would hold 65% of the merged entity while Telstra would have 35%. The plan was intended to allow for shares in the combined Foxtel – Fox Sports offering to potentially be floated on the ASX.

Zoe Samios is a reporter at Mumbrella covering media owners. She completed her degree at the University of Sydney in Media and Communications. Zoe has travelled overseas for internships, including South Korea, where she worked as a reporter for The Korea Herald.